Elvira

Elvira is 29 and married to Bernardino. They have three small children who depend on their income. The children are enrolled in primary school. They all live in a home in the Monte Canto community in the city of Cochabamba, Bolivia. They live there even though the house is not completely finished because they were very uncomfortable all living in a single room in Elvira's family's home. Elvira's principal business activity is the production of raw milk from dairy cattle, which is sold to a company that produces dairy products.

The loan is to purchase fodder during this season of shortage. Elvira wants to accumulate fodder in order to not fall short in times of drought. Her livestock will be able to continue eating the same amount and producing the same amount of milk.

Her dreams and goals include growing her milk business and completing construction of her home with respect to the finishing touches.

Additional Information

About CIDRE

CIDRE is a Bolivian microfinance institution with a strong social commitment to the community. It works to provide quality financial services to rural and peri-urban borrowers, focusing primarily on agricultural loans for dairy farmers and micro-enterprises. CIDRE targets segments of the population that have not traditionally had access to credit, and invests in much-needed community development projects. It is currently working with coca farmers in the Chapare region to replace coca with less controversial crops. Get more involved by joining the Friends of CIDRE lending team.